Finance 103 – Budgeting: Dave Ramsey’s ‘EveryDollar’ method

Give every dollar a purpose. It sounds simple, but is it? Financial guru and credit card killer Dave Ramsey has his method of helping people master their finances and get out of debt – the “Baby Steps.” Through these steps, people are led to financial peace and mastery of their money. The first thing you must do to begin your journey to financial peace is … Continue reading Finance 103 – Budgeting: Dave Ramsey’s ‘EveryDollar’ method

Passive investing 101 – Surviving and thriving in chaotic times

During these turbulent times it is easy for investors to make poor decisions, such as changing your investing strategy. In their recent newsletter, Edward Jones said that the “hardest part of investing is the one we have the most control over – our emotions.” Historically, people make the wrong investment decisions because they act emotionally. When the market crashes, the best option is to buy … Continue reading Passive investing 101 – Surviving and thriving in chaotic times

Investing 102 – Where do I begin?

Once you understand the basic concept of investing – your money makes money for you – and decide to begin investing, where should you start? Different financial experts have different opinions on this, of course. First, most agree that you should find a financial advisor. Despite costing fees, sound financial guidance will save you far more than the cost of the advisor. Second, you should … Continue reading Investing 102 – Where do I begin?